- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-01-0007354

About Creditas Solutions Private Limited
Data last updated:
Creditas Solutions Private Limited is a private limited company based in Haryana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2014PTC136333. Its GSTIN is 06AAFCC8677F1ZE (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹44.41 Lakh and a paid-up capital of ₹12.95 Lakh. It is led by directors including Christian Banno and Massimo Vita.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Second Floor Plot No. 63, Sector – 44 Gurugram, Haryana, India – 122003.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.79 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹6.27 Cr (net margin -12.6%) and EBITDA of -₹41 Lakh (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 28% over five years.
The company has about 361 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Creditas. As per MCA filings, the company has open charges of ₹25 Cr on record. The company has 11 deals on record (9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹48.28 Cr; the latest was in February 2024. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 74 overdue payments to 22 micro and small suppliers.
Creditas Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0007354). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website creditas.in.
Company details
CIN history
Creditas Solutions has one previous CIN (Corporate Identification Number): U74999DL2014PTC273217. The current CIN is U74999HR2014PTC136333, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999HR2014PTC136333 | Current |
| U74999DL2014PTC273217 | Previous |
Recognitions & Rankings of Creditas Solutions
Contact details
Creditas Solutions Private Limited's registered office is in Haryana.
- Social Media
- Registered AddressSecond Floor Plot No. 63, Sector – 44 Gurugram, Haryana, India – 122003
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Creditas Solutions operates one associated brand: Creditas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of customer engagement solutions to financial institutions | creditas.in |
Business activity
The main business activity of Creditas Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Creditas Solutions Private Limited, buy the company report.
Financials of Creditas Solutions Private Limited
FY 2024 filings availableCreditas Solutions Private Limited reported revenue of ₹49.79 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 41% growth in the latest year. EBITDA rose 54% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.27 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.8% | ||||
| Net Profit Margin | -12.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Creditas Solutions Private Limited, buy the company report.
Board of directors of Creditas Solutions Private Limited
Creditas Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Christian Banno | Director | 28 Sep 2023 | 3 Years 1 Months | Current |
| Massimo Vita | Director | 28 Sep 2023 | 3 Years 1 Months | Current |
| Anshuman Panwar | Director | 15 Nov 2014 | 11 Years 11 Months | Current |
| Madanagopal Srinivasan | Director | 17 Nov 2014 | 11 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2022 | 100609378 | Hdfc Bank Limited | ₹25 Cr | Open |
To see the full charge records of Creditas Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Creditas Solutions Private Limited has 11 deals on record (9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹48.28 Cr; the latest was in February 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Funding round · Series A | ₹16 Cr | Investors: Asia Impact |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Jan 2018 | Funding round | ₹44.8 Lakh | Investors: 2 individuals |
| Jun 2017 | Funding round · Pre-Series A | ₹3.5 Cr | Investors: Infina Finance, Malpani Ventures, 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: United Capital Limited, 3 individuals Seller: 3 individuals |
To see the full deal history of Creditas Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Creditas Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Creditas Solutions Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 74 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Drishti-Soft Solutions Private Limited | |||
| Xenottabyte Services Private Limited | |||
| Csat Pest Management Services Private Limited |
To see the full MSME payment records of Creditas Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Creditas Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCC8677F1ZE | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Creditas Solutions Private Limited, buy the company report.
Recent activity
Creditas Solutions Private Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Christian Banno ceased to be Additional Director on 29 Sep 2023.
1 earlier event is in the company report.
News
Frequently asked questions
Creditas Solutions is an active private limited company based in Haryana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 November 2014 (12+ years old) and is registered under CIN U74999HR2014PTC136333.
Creditas Solutions has 4 current directors:
- Christian Banno - Director
- Massimo Vita - Director
- Anshuman Panwar - Director
- Madanagopal Srinivasan - Director
The latest financial statements of Creditas Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Creditas Solutions is 06AAFCC8677F1ZE, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Creditas Solutions is U74999HR2014PTC136333. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Creditas Solutions was incorporated on 15 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Creditas Solutions has 11 deals on record (9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹48.28 Cr; the latest was in February 2024.
Christian Banno ceased to be Additional Director on 29 Sep 2023. Massimo Vita ceased to be Additional Director on 29 Sep 2023. Christian Banno was appointed as Director on 28 Sep 2023. Creditas Solutions has 8 board changes on record in total.
Yes, Creditas Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-DL-01-0007354).
Creditas Solutions has 5 MSME Form 1 returns on record between 2019 and 2023, listing 74 overdue payments to 22 micro and small suppliers. The latest return was filed on 21 Nov 2023.
Creditas Solutions can be reached through the website creditas.in. Its registered office is in Haryana, India.